Trading Course Day 8: Trading is Simple As F***, You're Just Overthinking — Transcript

Full transcript

1. 0:01All right, my boys. Today is day eight
2. 0:05and yeah, I mean we are here almost 10
3. 0:10days in. I hope you guys have learned a
4. 0:12lot. I appreciate the support. Love I
5. 0:16love the support when it comes to the
6. 0:18videos. So, I keep dropping them every
7. 0:20single day. I wake up and I'm like,
8. 0:21"Dang, we got more and more comments. We
9. 0:24got more and more likes. People need
10. 0:25help with this. People need help with
11. 0:26that." So, I just keep doing it. And
12. 0:29with that being said, we are on day
13. 0:32eight. Today we are going to talk about
14. 0:36we're going to talk about where's my
15. 0:37chain.
16. 0:42But today we are going to talk about the
17. 0:45trade setup that I took today. So, I
18. 0:47took a trade on gold today and it was
19. 0:50pretty successful. It was a really,
20. 0:52really good trade. So, I'm going to
21. 0:54break it down to you. Everything that
22. 0:57I've taught so far
23. 0:59is good enough for you to be able to
24. 1:01catch trades like this. So after day 10,
25. 1:05we're barely going to be on the charts.
26. 1:08We're going to be on the charts and
27. 1:09there's going to be breakdowns later on.
28. 1:10Trust me. But after day 10, I have to
29. 1:13truly shift your mind from thinking that
30. 1:17you need more because what I've shown
31. 1:20you already is good enough. It's what I
32. 1:24do. So everything that I've said so far
33. 1:28is exactly what I've applied to all my
34. 1:32trades and I'm going to show you. Right?
35. 1:34So now you just have to get into the
36. 1:35mindset of stop thinking like oh this is
37. 1:37too simple or it can't be that easy or
38. 1:40not trusting your analysis or trading on
39. 1:43the lower time frames overall when I'm
40. 1:45telling you to stay on the higher time
41. 1:47frames because those levels are way
42. 1:48stronger but you're not listening to me.
43. 1:51So if you don't listen to me you're not
44. 1:53going to see any progress. And if you
45. 1:55are listening to me, but you're not, you
46. 1:57know, critiquing and, you know, making
47. 1:59sure you're doing the right thing. So,
48. 2:01you're listening to me, but you're still
49. 2:03not doing what I'm what I'm implying.
50. 2:06You get what I'm saying? So, with that
51. 2:08being said, I want you to take this
52. 2:09video. I want you to have an open mind
53. 2:13and I want you to truly understand what
54. 2:15I'm saying. So, literally before I
55. 2:17start, I want you to clear everything in
56. 2:20your brain right now. clear everything
57. 2:23out of your brain, like literally
58. 2:25everything.
59. 2:29And just listen to what the words that
60. 2:31I'm saying.
61. 2:34Go onto your chart and do the same thing
62. 2:36that I'm doing
63. 2:38and we will start. So, with that being
64. 2:42said, let's get into the video. Right.
65. 2:45So, today I was able to take a trade on
66. 2:48gold for some sales. Um, the reason why
67. 2:51I took sells, so first I was looking for
68. 2:53buys above this level. So above this
69. 2:56level right here. And the reason why I
70. 2:58was looking for buys is because the
71. 3:00first time price ever broke above this
72. 3:04great I'm at this yellow box. So if we
73. 3:06go to the 4our time frame, we can see
74. 3:08that price has a swing high. Two swing
75. 3:11highs here, meaning sellers are sitting
76. 3:13at this level and they're pushing price
77. 3:16down. So sellers down, right? So sellers
78. 3:20are at this yellow box pushing price
79. 3:22down. If that doesn't make sense to you,
80. 3:25I don't know what will. Right? Sellers
81. 3:28are sitting at this level pushing price
82. 3:32down. They don't want price to come any
83. 3:34higher than this. So if price is to come
84. 3:39above this level, this lets me know that
85. 3:42there are no sellers at this level
86. 3:46anymore. Right? And there's an
87. 3:48indication. So this is our next level of
88. 3:51sellers. This is the next level where
89. 3:52sellers are at. Right? So when price
90. 3:55corrects,
91. 3:57we are going to look for price to come
92. 3:59above this level to do the same exact
93. 4:02thing that happened right here. That's
94. 4:04all we're doing. So when it comes to
95. 4:06trades, all you're doing is looking for
96. 4:10where the sellers and buyers are at,
97. 4:12which normally comes from the swing
98. 4:13highs and swing lows. You look for
99. 4:16either a swing high or a swing low to
100. 4:18get broken. Once it gets broken,
101. 4:21whichever way it chooses will let you
102. 4:24know if there are buyers and sellers in
103. 4:26control of that level. So, with this
104. 4:30being said, price under this level sold.
105. 4:34Why? Because there are sellers at this
106. 4:37area of price. this area of price under
107. 4:41it. Price has more potential to sell
108. 4:44than it does to buy. So, it doesn't make
109. 4:46sense to buy under this level. Unless
110. 4:49you're being risky, like I'm going to
111. 4:51explain, right? Unless you want to be
112. 4:53super risky and try to catch the bottom.
113. 4:56There's no reason why you should buy
114. 5:00under this level
115. 5:04until price shows you otherwise that
116. 5:07it's coming above this level. So once it
117. 5:08comes above this level, you have
118. 5:12any rights to place a buy. It makes
119. 5:14sense, right? No matter where you place
120. 5:17that buy at, you really want to place it
121. 5:20where the initial break is, but no
122. 5:21matter where at you place that buy, you
123. 5:24could place it, you could place it here,
124. 5:27here, here, here. Well, I wouldn't buy
125. 5:30at the top, but get what I'm saying?
126. 5:33Anything above these swing highs has the
127. 5:37potential potential sorry potential I'm
128. 5:40dead potential to push above and come to
129. 5:45these levels. So with that being said
130. 5:49this level of support we can see that
131. 5:51buyers are pushing price above this
132. 5:54level. So since buyers are pushing price
133. 5:56above this level we started to see um
134. 5:59this is actually what I did last night.
135. 6:00Last night I took a little risk on the
136. 6:03155 minute time frame. I seen price make
137. 6:06this level of support here. So I kind of
138. 6:08bought off of this knowing I wasn't
139. 6:10supposed to. I just wanted to, you know,
140. 6:12risk some money, put some money in the
141. 6:13market because I I was bored last night.
142. 6:15I needed something to do. But the right
143. 6:18place to do it is above this level. So
144. 6:21my loss doesn't even count. My loss
145. 6:24doesn't even count because I was being
146. 6:26dumb. I knew I was doing the wrong
147. 6:28thing, but I just wanted to make some
148. 6:30money if you know maybe price would have
149. 6:33came up during out of session. But
150. 6:36besides the point. So
151. 6:39this this level right here, remember it
152. 6:41came from the 4 hour time frame. So that
153. 6:43level came from the 4 hour time frame.
154. 6:45With that being said, let me make sure
155. 6:48let me make sure we Yeah, we still
156. 6:49rolling here. We still rolling.
157. 6:53this level here we can see that buyers
158. 6:55are sitting at this level pushing price
159. 6:58in the different direction pushing price
160. 7:01up. So the moment
161. 7:06and today we might just call this
162. 7:07reaction right
163. 7:10right
164. 7:12the moment that price breaks under this
165. 7:15level there's two ways that you can
166. 7:17trade ICC right that you can use the
167. 7:20indication or you can purely just go off
168. 7:23the fact that price has built so has
169. 7:27built structure that you can go off of
170. 7:29right and what I mean by that is for one
171. 7:32price sold off from where the level of
172. 7:36sellers were at. So the level of sellers
173. 7:38kicked in from down here. We're already
174. 7:40under a level where price originally
175. 7:42sold from way back in the past. So if we
176. 7:45look over here, we can see that price
177. 7:47has originally sold from these levels
178. 7:50down to these levels. We just need some
179. 7:52more confluence. So what we're going to
180. 7:54do is once again scale to that 5 minute
181. 7:5615 to critique
182. 7:59your 4 hour your 1 hour is to overall
183. 8:02guide you into what levels you need to
184. 8:05be using. You need to be using the
185. 8:08higher time frame levels because these
186. 8:10levels they break and then that means
187. 8:12price is looking to go in that direction
188. 8:15with a strong push. the 15, the five
189. 8:18minute time frame is just the the the
190. 8:22how do I explain it? Um, it's the
191. 8:25preciseness you need. It it brings
192. 8:27preciseness to your trade. It brings um
193. 8:31that's not even the word that I'm trying
194. 8:32to look for, but it just overall is the
195. 8:35finishing cut to your trade that you
196. 8:37need to have or that you need to take.
197. 8:40So failing down to this 15-minut time
198. 8:43frame. All I did was I seen price was
199. 8:45breaking below this level.
200. 8:50It made a lower high. So these highs are
201. 8:53lower than the previous ones. Even these
202. 8:56these are equal high and it's breaking
203. 8:58its own 15minute level of support. So
204. 9:01there's a support being broken. That's a
205. 9:03bearish sign. There's a lower high in
206. 9:06the markets on the 15 minute time frame.
207. 9:08That is a sign. The 4hour level that was
208. 9:11holding price up. So once we go back
209. 9:14that 4hour level that was holding price
210. 9:16up, that is a sign. Price building that
211. 9:20lower high from earlier and then selling
212. 9:22off that is a sign. These are signs that
213. 9:26you are missing that you're not, you
214. 9:28know, taking account of. You're like,
215. 9:30"Oh, but I there's a new high. I'm only
216. 9:34going to focus on that."
217. 9:36Don't focus on one thing. Follow price
218. 9:40and everything it does. Every single
219. 9:42thing it does, it is for a reason. So,
220. 9:44you need to follow along with what price
221. 9:46is doing because it's showing you, hey,
222. 9:49I'm going to do this. And if it wants to
223. 9:51do that, you follow it, right? Maybe I
224. 9:54did want buys on gold. Maybe I did want
225. 9:56sells on gold. Who knows? I was just
226. 9:59following price. Price broke a level of
227. 10:01support. Price made a lower high. broke
228. 10:03a five minute 15 minute level of
229. 10:05support. So I was comfortable with
230. 10:08taking this trade. So if you guys follow
231. 10:11me on Instagram and um any other of my
232. 10:14socials, you definitely see me post this
233. 10:16today.
234. 10:17But the reason why I took this trade and
235. 10:21we can go back to that 15-minut time
236. 10:22frame. We can go back to that 15-minut
237. 10:24time frame. And the reason why I took
238. 10:26this trade was because of those reasons
239. 10:28that I explained. 15 minute, five minute
240. 10:31breaker structures. um the 4 hour level
241. 10:33of support being broken. One hour
242. 10:35aligning with everything. The 4 hour is
243. 10:37bearish. The one hour is bearish. The 15
244. 10:39minute is bearish. The five minute is
245. 10:41bearish. There is no other reason why I
246. 10:44shouldn't get into that trade. So what I
247. 10:47did was once again took that time frame
248. 10:50five minute time frame or 15 minute time
249. 10:53frame five minute either one. If you
250. 10:55feel like the five minute looks better
251. 10:57to you, you can use the five minute. If
252. 10:58the 15 looks better to you, use the 15.
253. 11:01There's no right or wrong. Just do not
254. 11:04use the 15 and five minute to build the
255. 11:06structure. Do not come on, do not wake
256. 11:09up in the morning and mark your charts
257. 11:10up on the 15-minut time frame and the
258. 11:12five minute time frame. No, your swing
259. 11:14levels need to come from the 1 hour or
260. 11:16the 4 hour time frame. The higher the
261. 11:19levels you go, the higher the the
262. 11:20stronger the level is going to be. So,
263. 11:22if you're marking your charts up on the
264. 11:234 hour time frame, it is going to be a
265. 11:26strong strong push. it is going to be
266. 11:28some strong momentum if price breaks
267. 11:30your highs or lows on the 4 hour time
268. 11:32frame. So, with that being said, there
269. 11:34is no reason why you should not be able
270. 11:37to take trades like this. There's no
271. 11:39reason. You're failing yourself and
272. 11:41you're overthinking it.
273. 11:44Go back and watch the videos. If I don't
274. 11:46say it, then I don't use it. So, stop
275. 11:49questioning me on things that don't even
276. 11:50make any sense. You're just making up
277. 11:52things in your head to, you know,
278. 11:54correspond. And two, stop trading things
279. 11:57that don't have any volume. You guys
280. 12:00trade something like AUD NZD or
281. 12:03something and then it's not moving and
282. 12:05then you're like, "Bro, ICC don't work."
283. 12:07Of course it doesn't. It It's not
284. 12:09moving. Trade something with some
285. 12:11volatility.
286. 12:13Suck it up. Build some capital to the
287. 12:15side. Learn. Study ICC. As you do that,
288. 12:20as you learn, once you feel comfortable
289. 12:22enough to actually come into the
290. 12:25markets, trade on demo if you have to,
291. 12:27but onto the side. Stack some money to
292. 12:29the side. Once you feel comfortable,
293. 12:30come into the markets. So that way you
294. 12:32can probably have, I don't know, $500,
295. 12:36$1,000, $3,000 before you start trading
296. 12:39because you're trying to trade NASDAQ
297. 12:41and gold and you only have 50 bucks.
298. 12:45Stop trying to get into the market with
299. 12:46a little bit of money and trying to come
300. 12:48out with like thousands of dollars. Like
301. 12:50you have to have a skill. And I tell
302. 12:52people all the time,
303. 12:55people that do all these small account
304. 12:57builds and all this and that, bro,
305. 12:59you're taking a risk by just doing that
306. 13:02itself. You don't want to do that to
307. 13:03yourself. Because one, let me let me
308. 13:05tell you why you don't want to do that
309. 13:06to yourself. If it's your last $50, then
310. 13:10overall if you lose your last $50 in the
311. 13:13market, which you're you're already
312. 13:14going to lose. You're a beginner trader.
313. 13:16You're you're your chances of winning
314. 13:17and coming out of the markets
315. 13:19successfully with let's say if you start
316. 13:21with $50 or $100, your chances of
317. 13:23getting to $1,000 are very slim. I'm not
318. 13:26saying it's impossible. I've done it
319. 13:28before. Tons of people done it before.
320. 13:31But your chances I've done it before.
321. 13:34Let me let me phrase it like that. I've
322. 13:35done it before, but it has taken a while
323. 13:39for that one successful account to
324. 13:41actually go to a thousand. And most
325. 13:43people will not tell you that. Most
326. 13:45people will not tell you how many tries
327. 13:47it takes to get to a certain level,
328. 13:49right? So, with that being said, you
329. 13:52know, there's a knat right here.
330. 13:55You have to understand that you one you
331. 13:59have to stop being scared and two you
332. 14:01need to start trading things that
333. 14:04actually has some movement some volume.
334. 14:07[ __ ] what? I know I say I used to say
335. 14:10this too, but then somebody told me
336. 14:12somebody told me some real some real
337. 14:14things. Like if you really think about
338. 14:15it, the people that really make a lot of
339. 14:17money in trading, and I'm I'm not
340. 14:20talking about the gurus. I'm talking
341. 14:21about people that actually trade. They
342. 14:23don't trade no [ __ ] AUD, NZD, no
343. 14:28[ __ ] CHF, JPY. They're not trading
344. 14:32that, bro. They're trading gold. They're
345. 14:35trading they're trading they're trading
346. 14:37oil. I'm pretty sure oil is or
347. 14:38something. I'm I'm naming commodities
348. 14:40right now. They're trading NASDAQ.
349. 14:42They're trading US30. Some are trading
350. 14:46SPY. These things move. They have
351. 14:49movement. They're moving. They're super
352. 14:51volatile. You can make money every other
353. 14:55week, every week, every day if if most.
354. 14:59But I wouldn't recommend trading every
355. 15:00day. You know, give yourself some break.
356. 15:02You need to you need to have this brain
357. 15:04cleared out when you're trading, right?
358. 15:06So, basically,
359. 15:09I'm going to finish explaining the
360. 15:11trade. I'm sorry I got off track, but
361. 15:13you guys got to really understand.
362. 15:16How do you catch all these moves? How
363. 15:17many setups you take a week? How I bros,
364. 15:20bro? First of all, I only take maybe
365. 15:22like six or seven trades,
366. 15:25maybe a month. Six or seven trades a
367. 15:27month. You want to know why? Because
368. 15:29trades like this, they go on for two,
369. 15:31three days. You can carry them on
370. 15:33throughout. I've already closed this
371. 15:35trade, but like this is probably a trade
372. 15:36that I could have held for a couple more
373. 15:38days, but price got to support. I felt
374. 15:41comfortable. So, I was targeting this
375. 15:42level here. Once again, I was targeting
376. 15:44this level because that is where if we
377. 15:47scale out,
378. 15:50come on. Come on. That is where our
379. 15:52swing low is. That is where buyers came
380. 15:55into the market at this level. So price
381. 15:58sold all the way down to this level.
382. 16:00Buyers got into the markets. They
383. 16:02started pushing price up. Price started
384. 16:04showing signs of being bullish. Of
385. 16:06course, there's going to be some
386. 16:07liquidation here before price goes back
387. 16:09up on another run. But that is why I got
388. 16:13into this trade. So it could probably do
389. 16:15the same thing. Buyers start kicking
390. 16:16into the market, start trying to push
391. 16:18price up, gold starts to rally, whatever
392. 16:20the case might be. You just follow the
393. 16:23reactions. You do not tell the market
394. 16:25what you want it to do. You follow
395. 16:27whatever it tells you to do. So the
396. 16:29markets is showing you, hey, buyers are
397. 16:30here, sellers are here. Follow along
398. 16:33with what they're saying and just go
399. 16:34with it, bro. Stop trying to be this
400. 16:36[ __ ] genie, bro. Stop trying to be a
401. 16:38genie. You're losing money because
402. 16:40you're trying to be a genie. That's why
403. 16:42you're losing money. You're losing money
404. 16:44because you want to be the [ __ ] all
405. 16:46see all know all, bro. You don't have a
406. 16:48[ __ ] crystal ball. And I'm sorry for
407. 16:50cussing so much in this video, but bro,
408. 16:52like you don't have a crystal ball. Just
409. 16:55follow what price is doing. Stop holding
410. 16:57yourself on one setup. Stop holding
411. 16:59yourself on one trade. Get off of the
412. 17:02smaller time frames, bro. I don't know
413. 17:04what stresses me out more. Y'all sending
414. 17:06me five minute charts or y'all sending
415. 17:08me freaking
416. 17:10NZD [ __ ] ERG or some [ __ ] I don't
417. 17:13know. I don't know what makes it worse.
418. 17:15you trading on the lower time frames
419. 17:18and or you trading something that just
420. 17:20has no type of volume to it. And when I
421. 17:23say and and I know some people are going
422. 17:25to be like, "But GJ has volume, but US
423. 17:29GU has volume." Bro, I kid you not, bro.
424. 17:35Save your money up.
425. 17:38Study play on demo. Study play on demo.
426. 17:44see how everything goes on demo. Once
427. 17:47you feel comfortable
428. 17:49and you've saved some bread to the side,
429. 17:53500, a thousand, you know how much, you
430. 17:56know, I I always bring up this story. I
431. 18:00was trading one day, saved up for two
432. 18:03weeks, three weeks, $900. And I didn't
433. 18:06have skills at this time. I didn't have
434. 18:08I barely had any skills. I was making 10
435. 18:10bucks, 20 bucks, losing, losing, losing.
436. 18:13But this one day I was like, "Let me
437. 18:14just if I have more capital, I'm gonna
438. 18:16make more money." No skills though. I
439. 18:19had capital or I was building capital
440. 18:21but with no skills. Right? This crazy
441. 18:24story or you already know the story,
442. 18:26right? [ __ ] finish finish what I'm
443. 18:28going to say in the comments if you know
444. 18:30the story already. Traded 900 bucks, put
445. 18:32it into an account, took me three weeks,
446. 18:34two, three weeks to save up that money.
447. 18:36In five minutes, I lost all that money
448. 18:38that I saved up on my nine-to-five job
449. 18:41that I worked for three weeks to build
450. 18:43up that $900 just to lose it all because
451. 18:46I was thinking I was a genie. I was
452. 18:50thinking like I just knew it all. I I
453. 18:52was I came into the market with no
454. 18:54skills and it humbled me. So when I tell
455. 18:57you I got a second job, I built up my
456. 19:00capital again. And once I felt
457. 19:02comfortable after studying long nights
458. 19:05of how to read price, once I stayed up
459. 19:08all these nights, I then put $3,000 into
460. 19:11an account. And then I started to build
461. 19:15slowly
462. 19:16my account
463. 19:19slowly.
464. 19:21And then as I started to stack a little
465. 19:23bit of bread on top of it, once I went
466. 19:25from 3,000 to 10,000, 10,000 to 20,000,
467. 19:28then I started taking, you know, risking
468. 19:30a trade here, like taking a risky setup
469. 19:32here or taking this setup, I you could
470. 19:35take whatever because you now you have
471. 19:37room.
472. 19:38You want to just all you want to do as a
473. 19:40beginner right now is get out of the
474. 19:43tight space. You're in the tight space
475. 19:45right now. Anything under $5,000, to be
476. 19:49honest, anything under $10,000, you're
477. 19:51in the tight space. 5,000 is good.
478. 19:5410,000's,
479. 19:55you're you're there, right? And then you
480. 19:57can scale from there, right? But if
481. 20:00you're anything under $500, $1,000,
482. 20:03you're really in that tight space. You
483. 20:06just need to move yourself from $1,000
484. 20:09to 5,000 and then move yourself from
485. 20:115,000 to 10,000
486. 20:14without risking so much. You need to
487. 20:17build a system where you're coming in
488. 20:18with consistent gains, not oh, I have
489. 20:23500 and then the next day I have 3,000.
490. 20:26That's a good, don't get me wrong,
491. 20:27that's a good trade. That's a good
492. 20:29setup, but you want to build something
493. 20:31consistent where it happens all the
494. 20:33time, right? or it happens every other
495. 20:35setup that you're taking. You know, you
496. 20:37know, $500 a day or you know, five
497. 20:40$1,000 every other day. Like once you
498. 20:42build up, that's what you want. That's
499. 20:43what your consistency is going to look
500. 20:45like. Most of my trades, I know I'm
501. 20:47going to get to like maybe a 100K, maybe
502. 20:5050K. It's it's somewhere roughly around
503. 20:52those ranges. Sometimes I have a bigger
504. 20:54day. You never know. I might put on a
505. 20:56bit more risk. Sometimes I have bigger
506. 20:58days. But most of my trades, they're
507. 20:59around 100K, 50K to 100K, right? And I
508. 21:03know that's my range, right? So, with
509. 21:06that being said, stop trying to be a
510. 21:08genie. Build some capital to the side.
511. 21:10Once you build the capital to the side,
512. 21:12you need to overall think about, okay,
513. 21:16I'm going to take this capital and I'm
514. 21:18going to slowly build it because what
515. 21:20people do not tell you and what people
516. 21:23like, [ __ ] that 1%, 2% [ __ ] 3% [ __ ]
517. 21:26you need to overall think in your head,
518. 21:29how can I replace my job? How much do I
519. 21:32make in my job? How much do I make a day
520. 21:34in my job? I make $50 a day in my job. I
521. 21:37make $100 a day in my job. I work five
522. 21:39days a week. Okay, bet.
523. 21:42Hey, bet. Okay, that means that I need
524. 21:45to be making around maybe $60, $70 a day
525. 21:50um off my trades. Or you can have two,
526. 21:53three days where you have, you know,
527. 21:56$100 days, $200 days, you know, build on
528. 21:59that. But you already, and when I'm
529. 22:01saying this, I'm not saying it from a
530. 22:02[ __ ] $500. I'm not saying it from a
531. 22:04$50 account, $100 account, $200 account.
532. 22:07I'm not saying it like that. You need to
533. 22:09work that job that you're working if you
534. 22:11don't have one. To the youth out there,
535. 22:14for my peoples, for my brothers,
536. 22:17I know you don't want to work a 9 to5. I
537. 22:19know you don't. I don't. Well, my my
538. 22:22life is kind of a 9 to5, but anyways. I
539. 22:25don't want to work it. You don't want to
540. 22:27work it. Nobody wants to work it.
541. 22:29Somebody has to work it. But hey man,
542. 22:32suck it up. Go to work. Once you go to
543. 22:36work, stack your bread, bro. I know
544. 22:38sometimes people have kids, people have
545. 22:40bills. I understand that. Student loans,
546. 22:43not financial advice. I would do it
547. 22:45another time once you start to get the
548. 22:46money. But then don't try to get
549. 22:48yourself out of your student loans while
550. 22:50you're trading. Trade to build capital.
551. 22:53Trade to get out of your job and then
552. 22:55become full-time and then work on that
553. 22:57later.
554. 22:59But once again, this is not financial
555. 23:00advice. I personally don't have student
556. 23:03loans, never had student loans, never
557. 23:04had a car loan. And once again, this is
558. 23:06not a flex. I just never kind of put
559. 23:09myself in those positions. But like I
560. 23:11said, not again, not a flex. People are
561. 23:13going to hate me. People going to love
562. 23:15me. I'm not trying to flex, but I'm
563. 23:16saying you have to be careful with the
564. 23:19decisions you make in life. You have to
565. 23:21be careful with the decisions you make
566. 23:23in trading. I know [ __ ] gets hard. It
567. 23:26got hard for me. I was homeless at 16.
568. 23:28It gets hard. [ __ ] gets hard. I
569. 23:30understand.
570. 23:33But everything you do in life,
571. 23:35everything you even do on your trading
572. 23:36account
573. 23:38will show up in the future to bite you
574. 23:41if it is a wrong thing. So, with that
575. 23:44being said, I hope you guys understand
576. 23:47uh
577. 23:49why I took this trade and the reason why
578. 23:51I took the TP down to this level is
579. 23:54because this is where the next level of
580. 23:56buyers are are at, right? And the reason
581. 23:59why I didn't go for this one or this one
582. 24:02because I know people are going to ask
583. 24:03is because from this level, the last low
584. 24:07that price made from selling from this
585. 24:09level was this one. And then this was
586. 24:12the lowest low. So that means price is
587. 24:14looking to take out the last area of
588. 24:16buyers. It already it's going to take
589. 24:18out these levels, but it is looking for
590. 24:20the final boss. The final boss is here.
591. 24:23So with that being said, like I said,
592. 24:25after episode 10, not going to be going
593. 24:28over charts like that. You really have
594. 24:30to shift your mind.
595. 24:33I've told you how to trade. I've already
596. 24:36like if you're watching this far, you
597. 24:37already know how to trade. You're just
598. 24:40overthinking it. You're just
599. 24:42overthinking it, bro. Like, you're just
600. 24:45way overthinking it.